The Market Yesterday
EGP / USD CBE market average: Buy 17.7314 | Sell 17.8295
EGP / USD at CIB: Buy 17.71 | Sell 17.81
EGP / USD at NBE: Buy 17.67 | Sell 17.77
EGX30 (Thursday): 17,155 (-1.8%)
Turnover: EGP 1.4 bn (21% ABOVE the 90-day average)
EGX 30 year-to-date: +14.25%
THE MARKET ON THURSDAY: The EGX30 ended Thursday session down 1.8%. CIB, the index heaviest constituent ended down 2.8%. EGX30’s top performing constituents were Qalaa Holdings up 3.3%, Orascom Telecom Media and Technology up 2.5%, and GB Auto up 2.3%. Thursday’s worst performing stocks were Eastern Co down 4.3%, Kima down 3.3%, and Telecom Egypt down 3.2%. The market turnover was EGP 1.4 bn, and regional investors were the sole net buyers.
Foreigners: Net Long | EGP +20.3 mn
Regional: Net Short | EGP -13.1 mn
Domestic: Net Short | EGP -7.2 mn
Retail: 59.5% of total trades | 59.4% of buyers | 59.7% of sellers
Institutions: 40.5% of total trades | 40.6% of buyers | 40.3% of sellers
Foreign: 13.2% of total | 13.8% of buyers | 12.5% of sellers
Regional: 11.9% of total | 11.5% of buyers | 12.4% of sellers
Domestic: 74.9% of total | 74.7% of buyers | 75.1% of sellers
WTI: USD 70.70 (-0.92%)
Brent: USD 77.12 (-0.45%)
Natural Gas (Nymex, futures prices) USD 2.1 MMBtu, (-0.28%, June 2018 contract)
Gold: USD 1,320.70 / troy ounce (-0.12%)
TASI: 7,914.27 (+0.46%) (YTD: +9.52%)
ADX: 4,437.83 (-1.09%) (YTD: +0.90%)
DFM: 2,881.80 (-0.27%) (YTD: -14.49%)
KSE Premier Market: 4,797.28 (+0.16%)
QE: 8,749.65 (-0.85%) (YTD: +2.65%)
MSM: 4,681.51 (+0.11%) (YTD: -8.19%)
BB: 1,270.73 (-0.03%) (YTD: -4.58%)